Articles

The Fed: Fed’s Bostic sees no more rate hikes unless things fail to go according to plan

Atlanta Federal Reserve President Raphael Bostic said he expects no further interest rate hikes unless things fail to go according to plan.

: DoorDash gives delivery workers a choice: get paid by the hour or by the gig

The earnings option comes out of worker feedback the company has collected over the past year, a DoorDash executive said.

In One Chart: Mega-cap stocks have led U.S. market rally so far this year. Here’s why that could change in the third quarter.

U.S. stocks have rallied so far this year, led by mega-cap growth stocks. But it could change in the third quarter, according to Jonathan Krinsky, managing director and chief market technician at BTIG.

IPO Report: Thrift-store operator Savers Value Village soars in trading debut, but gas and insurance issues flounder

The IPO market's mixed performance Thursday suggests investors are still wary about new issues.

: Supreme Court backs Christian USPS mailman who didn’t want to work Sundays

After a Christian USPS worker sued when he was forced to work on Sundays, the court's ruling makes it harder for employers to deny religious accommodations.

MarketWatch: Embrace of AI and immigration has turned Toronto into a tech hub: ‘What’s not to like?’

"Tech is driving the economy here," Stephen Lund, chief executive of Toronto Global, an agency that promotes investment in the city.

Financial Crime: Three charged with insider trading on Donald Trump’s Truth Social deal

A board member of the SPAC that merged with Trump’s media company is accused of giving insider info to friends, earning them $22.9 million in illegal profits.  

IPO Report: Money-losing food chain Cava showed IPO success. Is it finally time for some tech deals?

The IPO market has been all but frozen since 2021. Could the recent performance of a Mediterranean fast-casual chain offer some hope for more deal activity?

: Virgin Galactic makes first commercial spaceflight, transporting Italian researchers into space

Virgin Galactic carried three crew members from the Italian air force and the National Research Council of Italy into space to conduct research on microgravity.

Movers & Shakers: Bank of America, Rite Aid stocks rise, Micron and Virgin Galactic shares fall, and other stocks on the move

Here are some of the bigger movers of the day, including shares of Bank of America, Micron Technology, Virgin Galactic and Wallbox.

Economic Report: ‘Home buyers have adjusted’ to new normal of near-7% mortgage rates, Freddie Mac says

The 30-year mortgage rate is averaging at 6.71%, Freddie Mac said in its latest weekly survey on Thursday.

: How colleges admissions will change in America after the Supreme Court knocked down affirmative action

Colleges have been preparing a new playbook for a nation that does not legally allow race-based admissions
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